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Economy

“Only 15% of Gen Z regularly saves a portion of their paycheck…”

September 4, 2024

“Only 15% of Gen Z regularly puts a portion of their paycheck into a savings account, according to a recent Bank of America survey. And just 1 in 5 Gen Zers are contributing to a retirement account. The survey gathered 1,097… Continue Reading…

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Banking, Economy

“23% of low-income Americans are living without a bank account”

August 7, 2024

“Even as many Americans go cashless, some don’t have the option to choose that lifestyle. About 6% of Americans were unbanked in 2023, meaning they’re living without access to any traditional financial services such as savings accounts, credit cards or personal checks, according to… Continue Reading…

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Uncategorized

Help Raxxmorz Grow: Click Here

April 12, 2024

Like what you read? Awesome. Help us provide more content by donating. These donations will allow us dedicate more time to the website. To donate click the link below. https://donate.stripe.com/dR6dQQeq30fjcta144 Follow me on Locals: Link below https://www.locals.com/feed/65121/raxxmorz-community Follow me on… Continue Reading…

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Banking

“Wells Fargo froze his bank account. Now he might lose a house, lawsuit claims”

September 12, 2023

“…Parker’s adoptive mother died in 2020, leaving him as the designated beneficiary for a retirement account with AIG. After complying with the requirements for receiving death benefits, Parker received two checks – one for just over $9,700 and another for… Continue Reading…

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Business

“Robinhood Users Say Accounts Were Looted, No One to Call”

October 10, 2020

“It took Soraya Bagheri a day to learn that 450 shares of Moderna Inc. had been liquidated in her Robinhood account and that $10,000 in withdrawals were pending. But after alerting the online brokerage to what she believed was a… Continue Reading…

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Banking, Economy

“Federal Reserve scraps transfer limits on bank savings accounts”

April 24, 2020

“The U.S. Federal Reserve announced Friday that banks can now allow account holders to make an unlimited number of withdrawals and transfers from their savings accounts. The central bank updated its rules to scrap the six-per-month limit that had previously… Continue Reading…

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Economy, Personal Finance

“44% of adults admit to keeping money secrets from a partner”

February 13, 2020

“…Nearly half, or 44%, of those in a relationship admit to committing financial infidelity against partner, according to a new survey by CreditCards.com. Most often, they are spending more than they feel their significant other would be comfortable with, the report… Continue Reading…

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Investing, Personal Finance

“The Cost Advantage of Holding Precious Metal Coins in Your IRA”

October 31, 2019

“Many investors who have accumulated decent growth in their retirement savings–whether IRA, 401(k)… But many near-retirees often forget to take into account one critical caveat: not all of the money in their IRA or 401(k) is entirely theirs to keep. The… Continue Reading…

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Banking

“If the Bank Accidentally Deposits Money in Your Account, Don’t Spend It”

September 13, 2019

“A Pennsylvania couple is facing felony charges for buying an SUV, a race car, and two four-wheelers, and then handing out $15,000 to their friends after a bank teller accidentally deposited $120,000 into their joint bank account. About three weeks after the… Continue Reading…

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Recent Posts

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